Monday kicked off the week for the bears in a day where no buyers were found until the last 45 minutes of the day. Volume was split on the red day with the NYSE closing with higher volume for a distribution day and the Nasdaq slightly lower volume than we had on Friday. Futures volume was higher than Fridays on all 4 contracts. Gold closed up $6.00 at $897.50 an ounce and crude up 33 cents to $127.68 a barrel. Into Tuesday well kick off the day with Fed Chairman Bernanke speaking at 9am. He can move the markets with just a few words, so well look for[...]
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[Source: The Money Blogs]
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